Turkish rebar market
Prices of reinforcing bars in Turkish market showed a decline from levels the previous week. Prices in terms of US Dollar also indicate a decline. The recent price levels are as follows:
Marmara Region:
Small dia.: TRY 720-770/mt (approx. $464-496/mt+VAT)
Large dia.: TRY 702-750/mt (approx. $452-483/mt+VAT)
Payas Region:
Small dia.: TRY 680/mt (approx. $438/mt+VAT)
Large dia.: TRY 670/mt (approx. $432/mt+VAT)
All TRY prices include 18% VAT.
USD equivalents exclude VAT.
1 USD = 1.3156 TRY
Although the price lists of the mills are indicated as above, sales in the market are made at the level of TRY 700/mt ($451/mt+VAT) and below.